Tag: fiscal
10 Results
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Fiscal Roadmap
Like the previous Commission, it has also recommended the setting up of an independent Fiscal Council, which is a must for bringing the much-needed transparency and credibility to our budget numbers, but which, like the previous FCs recommendation, is again likely to be ignored
February 17, 2021 -
Infosys net up 5.1% yearly, down 6.8% quarterly
Sequentially, however, net profit in Q1 declined 6.8 per cent from Rs 4,078 crore a quarter ago.
July 13, 2019 -
Cochin Airport registers Rs 166 cr profit, proposes 27% dividend
CIAL, the first airport under the PPP model in airport infrastructure development, has 18,000 investors from 30 countries and was incorporated in 1994. The airport was inaugurated in 1999. The company has been paying dividend consistently from 2003-04 and with the last fiscal, the total dividend pay-out touched 228 per cent.
June 29, 2019 -
Steel demand likely to grow 7% this fiscal, say experts
"The Central government has been focusing on infrastructure projects like Sagarmala, Smart Cities and the new government would stick to its focus. I think steel demand is expected to grow by 7- 8 per cent in the 2019-20," Institute for Steel Development and Growth (INSDAG) Director General Sushim Banerjee said.
May 28, 2019 -
HCL Tech shares drop 6 pc post Q4 results
The company reported 21.3 per cent growth in revenue to Rs 15,990 crore in the quarter under review compared to Rs 13,178 crore in the year-ago period, as per Ind-AS accounting norms.
May 10, 2019 -
India’s fiscal deficit may widen to 3.5 pc in FY2019
India’s fiscal deficit is expected to increase to 3.5 per cent of GDP in 2018-19 but it will not have any material impact on macro stability risks, says a Morgan Stanley report. As per the report, fiscal deficit target may widen to 3.5 per cent of GDP in 2018-19 from 3.4 per cent in 2017-18. …
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January 21, 2018 -
Govt lowers additional borrowings to Rs 20K cr in FY18
The government on Wednesday lowered the additional borrowing requirement for the current fiscal to Rs 20,000 crore from Rs 50,000 crore estimated earlier. “Government has reassessed additional borrowing requirements taking note of revenue receipts and expenditure pattern. Requirement of additional borrowing being reduced from Rs 50,000 crore as notified earlier to Rs 20,000 crore,” Economic …
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January 17, 2018 -
Essar Oilfield Services eyes 20% jump in revenues next fiscal
Essar Oilfield Services Ltd is eyeing a 20 per cent jump in revenues next fiscal as the country’s focus on raising domestic output propels a stagnant rig hire market. The company, which owns 16 rigs used for drilling of oil and gas, is expected to end the current fiscal with a revenue of Rs 300 …
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January 14, 2018 -
Coal India’s net profit falls about 40% in Q2
Coal India Ltd (CIL) on Saturday reported close to a 40 per cent fall in its consolidated net profit to Rs 368.88 crore in the quarter ended September 30, 2017 as compared to Rs 612.44 crore in the corresponding quarter last fiscal. Its net revenue from operations for the quarter stood at Rs 18,148.31 crore, …
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November 12, 2017 -
`Reduction in clerical staff hiring in banks is part of a design’
Central government owned banks’ plan to hire 7,883 clerical staff next fiscal is inadequate when compared to the growth in business and the number of accounts, said a top leader of All India Bank Employees’ Association (AIBEA). “This seems to be a part of a design to reduce the intake of clerical staff. Despite growth …
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September 27, 2017